NOT LISTED FOR SALE

Estimated Value: $615,000 - $1,496,000

7 Beds
4 Baths
4,040 Sq Ft
$260/Sq Ft Est. Value

Last Sold February 19, 2015

Last sale price $340,000 $84 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $6,194/month

29 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Cooling Available
  • Clarke Central High School Rated A-
  • No HOA
  • Forced Air Heating System

About This Home

As of February 2015

This quadplex is in a prime location in Five Points within walking distance to campus, Five Points, and on the UGA bus line. This is perfect for investors looking in Five Points for a multi-unit property that will always lease! Quadplex consists of (2) 2 bedroom, 1 bathroom units on the Stanton Way side, and (1) 2 bedroom, 1 bathroom and (1) 1 bedroom, 1 bathroom units on the downstairs side. Currently leased for $2,400 with one 2 bedroom/1 bathroom unit vacant. All units have hardwood floors and carpet throughout, quadplex offers community washer/dryer in common area downstairs. Each units comes with basic appliances in kitchen (stove, oven, refrigerator, microwave). Full brick exterior and ample parking for all residents on street and back parking lot.

Last Agent to Sell the Property

Jill Swope

CollegeTown Properties LLC Listed on: 01/21/2015

Last Buyer's Agent

Jill Swope

CollegeTown Properties LLC Listed on: 01/21/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,477

Year Built

  • Built in 1948

Lot Details

  • 0.38 Acre Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,040 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • 7 Parking Spaces
  • Parking Available

Schools

  • Barrow Elementary School
  • Clarke Middle School
  • Clarke Central High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 124B2 D010

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Fivepoints Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,477

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Directions: From downtown, go west on Broad St, take a left on Milledge Ave, take a right on Rutherford, at stop sign, quad plex will be on your left.
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1948
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.38
  • Ownership: Owner
  • Subdivision Name: Fivepoints
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Microwave, Oven
  • Interior Amenities: Other, See Remarks
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Living Area: 4040.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Other, Parking Available, See Remarks
  • Total Parking Spaces: 7.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Laundry, Other, See Remarks
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Barrow Elementary
  • High School: Clarke Central
  • Middle Or Junior School: Clarke Middle

Lot Info

  • Parcel #: 124B2 D010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2016
Sold by
Vandalay Investments Llc
Bought by
Big Sky I Llc
Total Days on Market
29
Current Estimated Value
$1,049,795

Purchase Details

Listed on
Jan 21, 2015
Closed on
Feb 19, 2015
Sold by
Bond C Herbert
Bought by
Vandalay Investments Llc
Seller's Agent
Jill Swope
CollegeTown Properties LLC
Buyer's Agent
Jill Swope
CollegeTown Properties LLC
List Price
$340,000
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%
Original Mortgage
$282,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2006
Sold by
Not Provided
Bought by
Bond C H

Purchase Details

Closed on
Apr 14, 1997
Sold by
Allen Margaret C
Bought by
M C Allen Llc

Purchase Details

Closed on
Apr 7, 1997
Sold by
Allen M C Llc
Bought by
Allen Margaret C

Purchase Details

Closed on
Sep 12, 1995
Sold by
Allen Margaret C
Bought by
Allen M C Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Big Sky I Llc $225,000 --
Vandalay Investments Llc $340,000 --
Bond C H $385,000 --
M C Allen Llc -- --
Allen Margaret C -- --
Allen M C Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vandalay Investments Llc $282,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2015 02/19/15 Sold $340,000 0.0% $84 / Sq Ft
01/21/2015 01/21/15 For Sale $340,000 -- $84 / Sq Ft
Source: CLASSIC MLS (Athens Area Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,477 $239,264 $74,000 $165,264
2023 $7,477 $250,400 $74,000 $176,400
2022 $7,240 $226,958 $70,000 $156,958
2021 $5,376 $159,530 $70,000 $89,530
2020 $5,376 $159,530 $70,000 $89,530
2019 $5,416 $159,530 $70,000 $89,530
2018 $5,416 $159,530 $70,000 $89,530
2017 $5,416 $159,530 $70,000 $89,530
2016 $4,617 $137,147 $70,000 $67,147
2015 $4,759 $139,980 $60,000 $79,980
2014 $4,290 $126,000 $54,000 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CLASSIC MLS (Athens Area Association of REALTORS®)

MLS Number: 943588

CLASSIC MLS (Athens Area Association of REALTORS®)

APN: 124B2-D-010